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Dec 13, 2012
12/12
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a union at last. the eu finance ministers hand the ecb the power to supervisor more than 150 banks following another late nightmare thon session in brussels. the euro bounces on the news, but stocks in europe trade lower as ben bernanke warns monetary policy may not be enough to offset the damage if the u.s. goes over the fiscal cliff. >>> and the u.s. takes another surprising step tying interest rates to the u.s. unemployment rate. >>> plus, investors chairing danone plan to save $2 million over the next two years as they try to offset a slump in southern europe. >>> straight ahead on the program, moody's says not to worry about political instability in italy. our next guest disagrees. should markets expect the repricing of risk next year? [s >>> welcome back to "worldwide exchange." we're checking on trade now. european markets for the most part dripping lower. ftse 100, cac 40 down less than .2%. xetra dax down more than 0.4%. double digit gains for the other major bourses, as well. we've seen gain
a union at last. the eu finance ministers hand the ecb the power to supervisor more than 150 banks following another late nightmare thon session in brussels. the euro bounces on the news, but stocks in europe trade lower as ben bernanke warns monetary policy may not be enough to offset the damage if the u.s. goes over the fiscal cliff. >>> and the u.s. takes another surprising step tying interest rates to the u.s. unemployment rate. >>> plus, investors chairing danone plan to...
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Dec 12, 2012
12/12
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union together with political union, everyone has to throw something in the pot. some countries are much more willing, some aren't. really it n terms of being, banking union being one of the key pillars of this potential overall project, we're some way away as we are from the fiscal and political union. >> that's clear. >> in the meantime, what people want is for the central bank to be as expansive and promising expansion in the meantime. of course, that then -- one of the only consequences of the policy around the world is the lack of market pressure on politicians to institute real sort of economic and financial reform. so it's going to be one step step back kind of thing.rd, sometimes the markets get worried. sometimes they don't. >> you're still giving them a half step at the end of the day. >> i think you have to realize, we've not been particularly bullish on the euro to see the least. but you have to realize that the amount of effort that these politicians are willing to put in, the amount of -- you know, with the populations on the streets or protesting --
union together with political union, everyone has to throw something in the pot. some countries are much more willing, some aren't. really it n terms of being, banking union being one of the key pillars of this potential overall project, we're some way away as we are from the fiscal and political union. >> that's clear. >> in the meantime, what people want is for the central bank to be as expansive and promising expansion in the meantime. of course, that then -- one of the only...
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Dec 11, 2012
12/12
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. >>> and as many as 10,000 union workers for michigan and the u.s. are expected to protest at the state's capital building today over a proposed right to work bill. this would prohibit consumers to pay more. governor rick snyder says he'll sign it. michigan will become the 24th u.s. right to work staid state. >>> and cnbc is taking to washington today as we send becky quick, larry kudlow and jim cramim cramer to the white . they'll be leading off with a special mission critical rise above d.c. report. it's part tax. read, becky? >> like you said, we are occupying washington. this is where we've camped out all night. there's been all this talk about the fiscal cliff. we know it is fact approaching. we know it is something that would threaten not only the united states economy, but the economies around the globe. if we go over that cliff, there will be steep cuts and spending and steep tax increases that would automatically kick in. what we're doing here today is talking to our elected officials, talking to people who are involved in these talks, tryin
. >>> and as many as 10,000 union workers for michigan and the u.s. are expected to protest at the state's capital building today over a proposed right to work bill. this would prohibit consumers to pay more. governor rick snyder says he'll sign it. michigan will become the 24th u.s. right to work staid state. >>> and cnbc is taking to washington today as we send becky quick, larry kudlow and jim cramim cramer to the white . they'll be leading off with a special mission...
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Dec 5, 2012
12/12
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shippers and the union agreed to federal mediation on tuesday. the clerks have been working without a contract for two years. the strike shut down ten of the port's 14 terminals, backing up several ships waiting to off load their cargo. >>> still to come, egyptian president morsi has returned to work just a short time ago after leaving the palace during protests last night. we'll have the very latest from cairo when we come back. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. >>> a recap of the headlines. the fiscal fight rages on in washington as republicans try to fend off an internal divide. shanghai stocks jump after china's government plengs to support pro-growth economic reforms. chancellor osborne preparing to deliver his autumn statement. thousands of egyptians are still camp
shippers and the union agreed to federal mediation on tuesday. the clerks have been working without a contract for two years. the strike shut down ten of the port's 14 terminals, backing up several ships waiting to off load their cargo. >>> still to come, egyptian president morsi has returned to work just a short time ago after leaving the palace during protests last night. we'll have the very latest from cairo when we come back. can i help you? i heard you guys can ship ground for...